Constellation Brands - STZ Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last twelve months. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" STZ shares.
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15 Wall Street analysts have issued 12 month price objectives for Constellation Brands' shares. Their STZ share price forecasts range from $226.00 to $316.00. On average, they expect the company's share price to reach $272.73 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price.
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Constellation Brands' stock was trading at $250.97 at the beginning of the year. Since then, STZ shares have decreased by 7.9% and is now trading at $231.26.
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Constellation Brands saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,180,000 shares, an increase of 36.3% from the August 15th total of 1,600,000 shares. Based on an average daily trading volume, of 998,600 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.4% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 6th 2022.
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Constellation Brands will be holding an earnings conference call on Thursday, October 6th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Constellation Brands, Inc. (NYSE:STZ) issued its quarterly earnings data on Thursday, June, 30th. The company reported $2.66 earnings per share for the quarter, beating analysts' consensus estimates of $2.51 by $0.15. The business had revenue of $2.36 billion for the quarter, compared to analysts' expectations of $2.16 billion. Constellation Brands had a net margin of 12.72% and a trailing twelve-month return on equity of 17.19%. The firm's revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.33 EPS.
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Constellation Brands announced a quarterly dividend on Thursday, June 30th. Stockholders of record on Wednesday, August 10th will be given a dividend of $0.80 per share on Wednesday, August 24th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Tuesday, August 9th.
Read our dividend analysis for STZ.

Constellation Brands (NYSE:STZ) pays an annual dividend of $3.20 per share and currently has a dividend yield of 1.35%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STZ will have a dividend payout ratio of 24.96% next year. This indicates that the company will be able to sustain or increase its dividend.
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Constellation Brands issued an update on its FY 2023 earnings guidance on Thursday, July, 28th. The company provided earnings per share guidance of $11.20-$11.50 for the period, compared to the consensus estimate of $11.06. The company issued revenue guidance of -.

21 employees have rated Constellation Brands Chief Executive Officer Bill Newlands on Glassdoor.com. Bill Newlands has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Constellation Brands investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Micron Technology (MU), Home Depot (HD), Johnson & Johnson (JNJ), Cisco Systems (CSCO).

Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."

Constellation Brands' stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (3.74%), FMR LLC (1.89%), Price T Rowe Associates Inc. MD (0.92%), Northern Trust Corp (0.83%), Voya Investment Management LLC (0.80%) and Franklin Resources Inc. (0.77%). Insiders that own company stock include Daniel J Mccarthy, David Eric Klein, F Paul Hetterich, Garth Hankinson, James A Jr Sabia, James A Locke III, James O Bourdeau, Jeremy S G Fowden, Judy Schmeling, Richard Sands, Robert Lee Hanson, Robert Sands, Thomas Michael Kane, Wildstar Partners Llc, William A Newlands and William A Newlands.
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Shares of STZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of STZ stock can currently be purchased for approximately $231.26.

Constellation Brands (NYSE:STZ) has a market capitalization of $42.73 billion and generates $9.53 billion in revenue each year. The company earns $-40,400,000.00 in net income (profit) each year or $6.62 on an earnings per share basis.

The company employs 10,000 workers across the globe.

Constellation Brands' mailing address is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. The official website for the company is www.cbrands.com. The company can be reached via phone at (585) 678-7100, via email at patty.yahn-urlaub@cbrands.com, or via fax at 302-655-5049.